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Earlier this year, India’s High Court dismissed Spicejet’s appeal against Credit Suisse’s liquidation petition.
Credit: Goshawk.Aero
Indian low-cost airline SpiceJet has resolved a financial dispute over engine maintenance payments that threatened the company with liquidation. The case involved engine maintenance services contracted under a 10-year agreement with SR Technics in 2011. In late 2021, an Indian court ordered the…
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